The Judiciary Committee of the Maine Legislature turned down the proposed bill giving associations six months of condo fees in case of bank foreclosures.\u00a0 The Committee did approve language which authorized condominium associations to require a six month escrow of condominium fees by associations.\u00a0 The Maine Legislative Action Committee of the Community Associations Institute, which asked Rep. Cynthia Dill to sponsor the bill, expressed disappointment about the result, and has asked condominium board members in Maine to contact their legislators.<\/p>\n
The bill, as approved by the Judiciary Committee, has not been formally acted on by the full Legislature, but approval in its original form is unlikely.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Judiciary Committee of the Maine Legislature turned down the proposed bill giving associations six months of condo fees in case of bank foreclosures.\u00a0 The Committee did approve language which authorized condominium associations to require a six month escrow of condominium fees by associations.\u00a0 The Maine Legislative Action Committee of the Community Associations Institute, which […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t